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of an ingracious way to do it because ben bernanke got him elected by pumping all the money into the economy, and being the only thing promoting economic growth because his fiscal policies he even admits fail. that's pretty bad. i was shocked at bernanke's statements yesterday. they were clear and concise and said in clear terms that we're going to end this, when we get any sort of indication it's probably going to be over. we may even end et al. together next year if the economy starts to improve. he knows the markets are so volatile, on tender hooks about ending quantitative easing, and you have to thicket was payback. >> neil: normally, they stay before you fire a person, make sure you have their security pass. and check they don't have weapons. but in this case, the powerful weapon. i'm not saying -- there could be the temptation to say i'm going do it sooner than the market thinks. >> i don't think what the president said was an accident. i don't think he says anything accidentally. and you can read a lot into that. and there has been a ton of chatter since that interview, talking abou
and contacts. andn a good economy, it helps us get a job. the's a reason that tuition continues to ris parents and kidsee there's a real value to having a degree by your name. i think we've got to recognize it's not the education. we get something entirely different of vlue from going to college. >> mike, there's another reason why collegeuition is going up, and that's the government, right? >> well, that's ght. first of all, it sound like john and i shared the same type of college experience. but yes, you'rebsolutely rig. the reason why fewer graduates are earning a return onheir investment or their parents' investment is because government subsidies have raised the tuition of college. and at the same time, david, this is the worst economic recovery we've had snce the depression. so it's haer to earn that return. >> but steve forbes, even if a down economy, and we a growin at anemic rates, the mart still provides some answers, doesn't it? >> it does, david. and what we have here says more about our dysfunctional government than it does about lleges, if this guy can make that kindof m and have
the downside risks to the economies have diminished. that's certainly good news. the economy is improving. then they went on to say, mr. bernanke reiterated, the fed may taper bond purchases at the end of the year and finish by mid-2014. that was a little more flesh on the bones of their plan there. that was the important part of that. stocks and bonds dropped on that. the dow jones industrials average. we have ended at the lows of the day, down about 200 points in the dow. that started dropping -- even though we were down before 2:00, the slide accelerated as mr. bernanke began speaking at 2:30 on the press conference. bonds took it on the chin. take a look at the agg. this is the bond etf, the largest one that's out there. that's an aggregate of the total bond market. this is now essentially sitting at a two-year low. let's move on. low inflation, not great necessarily. for gold. gold took it on the chin as well. take a look at gold. gold is also closing right near two-year lows. these are intraday charts. but gold is near a two-year low right now. other commodities dropped as well toda
, but the way they're doing it, i have a big worry about how it will affect the economy. and to hear the cbo which i call the congressional bull crap office with their numbers say it will help the economy and they say it will help the economy and help the deficit, i don't think so. >> hard for me to believe that, too, charlie. every time the cbo scores something and all of these things where we spend trillions of dollar, somehow we save money at the end, just baffles me. >> like obamacare. >> exactly. >> i'm trying to think of an anti-union angle here. i mean, i want to correct ben on one thing. he made the point before that immigration is basically to to meet demand for labor. not to drive down the cost of labor. so -- >> among other things. >> what's odd about this is that we don't have a demand for hard labor. and they're still thinking about bringing people in. and this is what i don't get from the left. they say they're for the poor and everything, to give benefits out. and basically help the poor. this doesn't help the poor, this hurts the poor. it drives down the base wage rate. >> it
employment gets down to 6.5% and once you start seeing the economy get better, more people going in the workforce, it will take a while before they raise rates. >> but this has been a bond buying binge. if it stops, if the fed pulls back, isn't that a sign that the economy is improving and isn't that good for the market? >> brenda, i think you're absolutely right and it's a return that we can rely on. the fundamentals of the economy, you have the jobless rate being reduced, you have housing up and you have corporate profits an all time high. so i think it was an indication by bernanke that we are seeing these indicators and these good forecasts and that please look at this because we may -- if we hit 7% unemployment, we may start ultimate putting on the brakes as it relates to easy money, if you will. >> john, is this a bubble about to burst? are we about to see what happens to the housing market? >> no i think what happened is a bubble was starting to form because of the low rates. the market was getting ahead of the real economy which is still a little lackluster in a lot of ar
. one of our supporters that says, liberty. immigrants contribute to our economy. immigrants pay taxes. we're actively mobilizing a lot of the important aspects of our economy. so when we are having a discussion about what is the living wage and how fast can we live on, right now, $14,500 is the living wage. they're talking about be giving access to services. we're creating a shadow economy of a community in perpetual -- >> i think the conservative movement in this country does not want immigration reform. it helps keep wages down like you're talking about. there is a mindset that is very strange. this came out of mouth of jeb bush. i want to you hear what he said about immigrants. here it is. >> we're going to have fewer workers taking care of a larger number of people that the country has a social contract with. to be able to allow them to retire with dignity and purpose we cannot do that with the fertility rates we have in our country. immigrants are more fertile and they love families and they have more intact families and they bring a younger population. >> what is your response t
to tap the brakes on the feds' bond buying program designed to lower interest rates and spur the economy. fox business network senior washington correspondent peter barns has an update. >> good evening. the fed says the central bank could be getting ready to wind down the easy money policies it has been using for the last five years to help the economy recover from the great recession, the first to slow and then to go, the controversial bond buying program, known as quantitative easing, which helped keep interest rates low. so far, the fed purchased $2.5 trillion in bonds to help flood the financial system with cash, basically printing new money. purchases help keep rates low for auto loans, mortgages and business loans. the fed chairman had cars on his mind when he said his team could start reducing purchases later this year, if the economy keeps growing and unemployment keeps dropping. >> if incoming data support that the economy can sustain a reasonable cruising speed, we will ease the pressure on the accelerator by gradually reducing pace of purchases. however, any need to consider a
university, about the state of the u.s. economy. later in the program we will be joined by a matthew segal. he will be here to talk about issues important to young americans. you are watching "washington journal." we will be right back. ♪ >> when you talk about transparency to the american public, there is -- you are going to give up something. you are going to be giving signals to our adversaries as to what our capabilities are. the more specific you get about the program, the more specific about the oversight, the more specific you get about the capabilities and successes, to that extent you have people sitting around saying, "ok, now i understand what it can be done with our numbers in yemen and in the united states and consequently i am going to find another way to communicate." there is a price to be paid for that transparency. where that line is drawn, in terms of identifying what our capabilities are, is out of our hands. if you tell us to do it one way we will do it that way. there is a price to be paid for transparency. >> robert muller makes his last scheduled appearance before
in the way of strength six months out. >> i think the market raises strong free economy. hastens the day that the fed starts tightening. add to that bernanke's laying down of punitive timetables which he said umpteen times is tentative. may not to a defense and the economy. the market does not want to hear any of that. if he says that the assumption is, oh, he will stop doing it tuesday are something like that, which is that going to. lou: he made big references to inflation. he made references to unemployment or at least the six and half percent level as part of construction for his decision . is a little surprising to me. and it suggested that he does want to accelerate things year. are there signs that this quantitative easing combined purchasing program, this is having a negative, a deleterious effect on the fed's goals? >> i do not believe so. it is not -- it is not the sort of thing you would think would drive down inflation. inflation has fallen well below the fed's goal, but -- but the people who are worried about qe are worried about the other direction, inflationary. it probabl
much that is costing the european economy, european jobs, and the european government? guest: at the moment, we are asking our citizens to do a lot of sacrifice in order to adjust to the impact of the financial crisis. we cannot allow a number of people to escape, a number of people to evade their tax responsibilities. so, i think this was a powerful message from the g8. very much supported and initiated by the europeans to make sure that our tax system is assumes itsverybody responsibilities in terms of and that when we ask normal citizens to make sacrifices, we should at the same time ensure that any of the people that tries to escape this sanctions -- is sanctions. cooperation among states is an effective one, and this is what they discussed in the g8 and what we are implementing. we are happy to see that we are on the same wavelength with the americans. host: what about switzerland? is which alone one of those locations used as a tax haven? guest: switzerland is not part of the european union, but we have a solid relationship with switzerland. we made a number of agreemen
the president more directly engaged. tax reform is going to help the american economy, help get jobs. in this comparative world of ours, we have to do everything we possibly can legitimately and reasonably to help american people, help american small business, help american multinational corporations, american companies compete better and have less red tape so they can focus more on jobs. it's a combination of substance and psychology, which i think will help spur the economy. >> i would just say that the tax code was broken and needed to be fixed, and the tax code is broken now. all three of our witnesses said the tax code was broken. the other thing i would add is the world has changed. the ability to invest around the world with the click of a mouse is so much easier, so we have to look at what other countries have done. they have modernized their tax system, and we have not. the other thing, i think, that i think is somewhat similar is you have to be very persistent. that reform would not have happened without continual persistence and effort. as economy is not as strong it needs
bernanke seem to think the economy is improving enough they can take some of that nicotine away. whether that is good or bad in the long term. very short term, they didn't like it. we're going to be all over it in a few minutes. in the meantime, we are also following these developments, not the least, the fallout on heavily and where it goes and more specifically on this immigration plan and where it is not going. stick around. [ male announcer ] we've been conditioned to accept less and less in the name of style and sophistication. but to us, less isn't more. more is more. abundant space, available leading-edge technology, impeccable design, and more than you've come to expect from a luxury vehicle. the lexus es350 and epa-estimated 40 mpg es hybrid. this is the pursuit of perfection. >>. >> neil: you know they knew this day was coming but the reality is sinking is by day's end sending stocks sinking. dow off 206 points off of indications, that ben bernanke has finally has a plan or quasi plan to pull the punch bowl away the tapering of the bond buying and mortgage security buying that
, and the future in 30 minutes. talking about how you size up the economy today, how we got into such a bad place in 2008, and what economic policy makers need to do next. i would like to start talking about the present. how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge imbalances out there. what i find startling is there are so many things -- which nothing is happening. for example, the european central bank had this huge trillion-euro rise a couple years ago of the assets in their balance sheet. then it came down a little bit. and for the last several months it has been absolutely flat. in other words, the extent to hich nothing is happening. it is just not cr
a facebook page now. so, you know, the world has really changed, and our energy economy has similarly changed. if you go back again to that time ten years ago, oil production, of course, continued to fall in the united states, imports increasing dramatically. top business leaders and thinkers from lee raymond to alan greenspan be projected an enormous natural gas shortfall and, in fact, there were lots of investments for lng imports. today we talk about blend w5u8 problems. pv, distributed pv, $10 a watt. today we're talking about incredibly reduced costs. wind power up by a factor of 15 in that time period. so there really has been tremendous change, in fact, even in the four years since president obama took office we've seen this. most especially, of course, we all know how unconventional gas and oil have been a game changer in this, in this country. we often think of the energy industry, the energy system as one of incredible inertia and very hard and resistant to change. and there are some, there is some truth in that, and there are some good reasons. capital intensity, all kinds of issue
. now, wednesday ben reports on the state of the economy. good news for the market is expected. the dow will be up close to 100 points minutes from now. the president is northern ireland at the g8 summit. he's not saying anything about the irs or obamacare, his approval rating is sinking. how about this for a super hero blockbuster. the latest superman movie brings in 125 million dollars over weekend. "varney & company" is about to begin. >> if the world found out who i really was. he was convinced the world wasn't ready. ♪ [ cows moo ] [ sizzling ] more rai.. [ thunder rumbles ] ♪ [ male announc ] whenhe world moves... futures move first. learn f futes from experienced pros with dedated chats and daily live webinars. and trade with papermoney to te-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. a brand new start. your chance to rise and shine. with centurylinks your trusted technology partner, you can ust that. th our visionary cloud infrastructure, global broadband network a stom communications solutions, your business is more rele - secure - ag
, promotes growth and creates jobs, investments in infrastructure and innovation, expands our economy and strengthens the middle class and responsibly reduces the deficit. cognizant van hollen has been our leader on budget issues and the -- always promoting a budget as a statement of our national values of fairness, and opportunity, while reducing the deficit. please yield to the distinguished gentleman. >> thank you, leader pelosi. leader pelosi and president obama have in calling for some time now for the house of representatives to get working on legislation that will help boost growth. the economy has been improving but we know it can improve much faster if congress would do its work. two percent economic growth. because of things congress has done, like the sequester, we are slowing down economic growth in the country. the congressional budget office says economic growth this year will be one third less because of the sequester. which is why we have proposed a budget. senate democrats and the president of the united states have proposed budget that would replace the sequester wit
indicator. how good is the economy generally? fedex earnings tell you. they're telling us that business is pretty good. so, nicole, what's happened to fedex stock in the early going? >> what we're seeing is the stock is up 1.7%, and international package volume is lower, and they face intense competition, they said that the folks were switching from the more expensive price here, premium package sending to lower cost options and the stock is up 1 1/2%. so, i don't know, enlighten me. and what is the good news here? it didn't seem like good news to me, or at least not yet. >> i'll give you good news from an investor point of view. >> what more do you want, young lady? okay. i checked the dow, as we suggested, flat to slightly lower, and 15 seconds of business. two other stocks that we're watching, tesla, they recalled 800 of their model s electric cars, there's a problem with the mounting bracket in the back seat. it's dead flat this morning and then dreamworks animation, they put the shrek franchise and more on netflix and make an animated series for netflix and their television busines
that would help the economy and create a job? number three, lavish overseas travels come as government agencies are facing mandatory fiscal cuts. we can't open the white house to school kids because we can't afford it. we have joe trippe and jenny beth martin. time of honesty if we can't open the white house for school kids to go and see their house, do we really need to spend that kin of money, $6 0 million to $100 million on african, $3,300 a night, 30-person entourage to dublin. >> i doan know if any of those numbers are right? >> oh, they are right. >> are you doubting me? >> well, sean, i'm doubting whoever came up with these numbers. some people came up that his trip to india would cost $200 million and use 10% of the u.s. navy. notes numbers weren't right. >> "the washington post," a liberal newspaper, said $60 million to $100 million. >> sean, i'm not arguing with you. africa has large economic growth, a lot of room for american businesses to move in. creating jobs here and that's part of what the president intend to do while he's there. >> just like the stimulus was a great jo
a strong economy and have laws in place to make sure our economy is growing and creating opportunities and be the party that talks about strong families and communities and reach out to all ethnic groups and embrace what the great vision of our country is and playoff what the democrats are doing and be little less bad than they are. i think that is a mistake and we need to stay true to our values and that made the country great as it is today. >> you made the point that the republican's big problems is that they didn't vote for immigration package and connecting with hispanic voters. what do the republicans need to do differently. and those that articulate. and where is it that we are missing it? >> yeah, mike, you have been a great leader on this. i have to admit, and i did an a d on usa today. how we need to go out and talk to voters that frankly don't think we care much about them. they don't think we care much about them in part that we don't talk about the problems they have. our party tends to focus on the super achieve ors and focus on the entrepreneurs and listen to republicans
: both sides are addressing the economy, to bring growth back. it is not easy. we are facing enormous challenges on both sides. we have different kinds of responses, different kinds of contacts in america. i think the common concern is to make sure the recovery is a sustainable one that we don't go in an up and down in terms of economic performance. i think we have established a few lines that are common. we need financial stability and we need to increase our competitiveness. we are facing enormous challenges in emerging economies. we need to adjust our economy for training and education and we need the skills in the job market. for the moment i think the g-8 has clearly identified that. we need to join efforts at the international level to create a right position. host: what needs to happen? guest: i think we need to consolidate our accounts and put our house in order in terms of the debt and deficit. that is crucial for our credibility of our efforts. at the same time, we need to invest in a new way, we need to create the sources of competitiveness for the future. so our economies
reform. it debunks the idea that immigration reform is anything other than a boon to our economy and robs the bill's opponents of one of their last remaining arguments. >>> all right, let's dig down on this and joining me now for more is mark murray. mark, it's good to have you here. we know from the lead figure on the immigration gang of eight has been senator marco rubio, however he's been saying recently the bill needs stronger border security measures. other republicans like senator john cornyn of texas want things like a 100% situational awareness, 90% apprehension on the border. as we look at what senator rubio's motives are now, is he undermining the hard work of the immigration eight by entertaining these amendments or is this just politics as usual? >> thomas, i think it's actually more trying from marco rubio's perspective to strengthen the bill to get more republican support. the gang of eight is still together. i mean, there are sometimes it's been reported there's been a little of annoyance about some of the requests that senator marco rubio has made to have more security but
, even though the economy is growing. too many families feel like they're working working harder and still can't get ahead. inequality is still growing in our society. too many young people aren't sure whether they will be able to match the living standards of parents. we have too many kids in poverty in this country still. there are some basic steps we can take to strengthen the position of working people in this country to help our , to make sureter it's more competitive, and some of that requires political will. some of it requires an abiding passion for making sure everyone in this country has a fair shot area but it also requires good economists. i know it is called the dismal science, but i don't find it at dismal. i think it is actually pretty interesting. staffmes the rest of my thinks obamas getting together with his economists and they're going to have a wonk fest for the next hour, but this stuff matters. in termsa difference of whether or not people get a chance at life and how we optimize this opportunity. everyone gets a caring fornd we are the vulnerable and disabl
we've got to get the economy jumpstarted and back on track in a manner that is sustainable for the programs that we all care about. one of of the ways to clearly do that at the -- at the cbo has indicated, and this is a nonpartisan operation, is to pass copperheads if immigration reform that provides an additional piece of evidence as to why this is so significant for us to get done and to get done sooner rather than later. ,ost: congressman jeffreys what is another issue, before we go to calls, that you focus on or that you think the congress should be addressing? i think we have to do with the gun violence problem we have in america. it is, katie, i understand that, but certainly as americans focus on the problem, and the aftermath of the tragedy in newtown, connecticut, the issue that we confront in the district, i represent a very urban district that has several neighborhoods in east new york,: the island, brownsville, that in the last several decades have gunrienced issues in violence. almostevery reagan, -- every weekend, there is an issue that has resulted from an il
of the economy, say the same thing. even better answer, as we discussed, not appropriate to answer that question in open session. why clapper didn't do that, why the 5,000 employees of the director of national intelligence didn't explain that to him. why he didn't go to the white house, why he made up a religious answer and said it of the least untruthful, i don't have the slightest idea. i think he should resign over embarrassment. not because he lied. >> snowden, as far as long as he had worked for cia as a contractor, why did he have so much access? >> like bradley manning, the enlisted man in the army who revealed hundreds of thousands of diplomatic communications, we have a real problem that has to be explain. i had say this about snow deb. i don't think his story holds together. i don't know if he has accomplices. picking up information from people on the hill who are leaking it to him. i fin it hard to believe he had access to everything he said he had access too. i also find it hard to believe that he's getting away with some of the truly outrageous and inaccurate things he said. and tha
is making out, you know, like a bandit and what i found is we basically had been living in two economies in this country for the last ten years. there's the economy where you and i know where people are hard pressed jobs are tight and money is tight and then there's the healthcare economy where everybody is doing really well except maybe the nurses and the doctors but the people that sell the equipment, the people that make the drugs, the people that run the allegedly nonprofit hospitals are all making ridiculous amounts of money. >> so you mean the doctors who spend 12, sometimes 15 years just preparing to be a doctor are making less money. >> far less unless they got in the system so they started a clinic where they can send patients or they're consulting for a drug company, they're not making the big bucks. the guys who make the cat scan equipment or the pharmaceutical sales men and executive, the hospital administrators, your local nonprofit hospital without even knowing it, i can tell you that the guy who runs your local hospital in little rock makes well over $1,000,000 and a half
of the money you spend into money you invest. it's everyday reinvesting for your personal economy. to accept less and less in the name of style and sophistication. but to us, less isn't more. more is more. abundant space, available leading-edge technology, impeccable design, and more than you've come to expect from a luxury vehicle. the lexus es350 and epa-estimated 40 mpg es hybrid. this is the pursuit of perfection. even in stupid loud places. to prove it, we set up our call center right here... [ chirp ] all good? [ chirp ] getty up. seriously, this is really happening! [ cellphone rings ] hello? it's a giant helicopter ma'am. [ male announcer ] get it done [ chirp ] with the ultraugged ocera torque, only from sprint direct conct. buy one get four free for your business. mommy's having a french fry. yes she is, yes she is. [ bop ] [ male announcer ] could've had a v8. 100% vegetable juice, with three of your daily vegetable servings in every little bottle. >>> today, tea party protesters storming capitol hill. railing against the irs and the obama administration. firing up the crowd? repu
to be successful and in this marketplace. this global economy. >> the ceo and president of project lead the way is challenging americans to work collectively and in helping students excel in science and math. >> there are so many opportunities available for our students. if they understand what is necessary for them from a skills perspective. so what we do is we teach students how to apply math and science in rigorous way. >> with a background in urban technology he believes project lead the way is a gateway to helping impoverished kids. >> i grew up poor. and -- you know, i -- i remember, you know in high school, when i would drop out as a sophomore. i just remember the people that were so influential for me and in helping me understand that there was a better future. the worst thing that we can do for our children is to have low expectations. and not believe that they can succeed. in fact, they can. >> how can you change to make it better? >> awesome. think about how you can make it better. >> based on his own life experiences, he believes there's hope for every student from all background in
legally while bringing relief to a struggling economy. >> this bipartisan common sense bill will help the middle class grow our economy and shrink our deficits by making sure that every workinger in america practice plays by the same rules and pays taxes. >> senators introduced a bill that would bolster border security. the measure includes 700 miles of fencing along the u.s.-mexico border with the addition of tens of thousands of border agents. it also enforces a nationwide everify system and needs to be in place before illegal immigrants can apply for green cards. with all the support it has, there is still no guarantee this will fly through the senate before the fourth of july recess. >> this current bill is a mess. it is repeating the same failed pattern we saw in 1986. today instead of 3 million people, we're dealing with 11 million people who are here illegally. and what congress is saying is the exact same deal, which is legalization first and then they're promising maybe some day in the future the border will be security. >> senate leaders took a crucial test vote on this plan
in our society, economy, the central essence that we face today as a challenge is how do we keep america that special place unlike any other in human history. the reason is because, though our rights come from god, as our founding documents state, those rights have not always been respected and human nature has shown a willingness to violate them or deny them. we fight against those headwinds in america every day and this is in contrast to what most of human history look like. tomorrow -- to most of us who are influenced heavily by it, it is especially challenging, a time where we are told we should silence our phase were separated from how we express ourselves in the political process. this coalition of faith and freedom gets it right in the sense that faith and freedom are intertwined. for americans, it is. what i hope to do in the next few minutes is not to -- just to advocate you stay involved but encourage you to do more. i think we are called to do more in that regard. knowing the diversity of faith in this room today, i will rely on my personal fate, the christian faith, for guida
we'll leave in place a disaster, a de facto amnesty disaster that's hurting our economy, sovereignty, our security. >> sean: the reason for the distrust every time we hear there's going spending reined in and tax increases american people seem to get the tax increase but never get the spending cuts. i guess you understand the distrust. >> do i. that's why those things are linked. that's why the permanent residency with the green card -- that won't happen unless these border provisions happen first. >> sean: can i just get you maybe to reiterate, because there's been so much debate about this. you're saying you're pretty confident tomorrow that the border will be secure first with triggers before there's any path to legalization? >> before there's any path to permanent residency, permanent legal residency. you have 11 million people living here right now. we have to run them through a background check and start paying taxes and pay a fine. but that's not permanent. that's a temporary work status. the only difference between what they are doing now and what i'm proposing they have to p
that the u.s. economy is on the road to recovery. baby boomers are fueling rv sales. the motor home business hit a detour during the last ut now r vehicle sales apparently are up over the years. so what does this mean for the larger economy? let's bring back brenda buttner, senior business correspondent and anchor of "bulls and bears." thanks for coming back. >> absolutely. >> what is driving these numbers? they're up over the past year. >> they're up tremendously. right now nine million american households own rvs, that's the highest level ever. it's a $14 billion market in the u.s. but essentially you need a lot of confidence to buy a gas guzzling home on wheels. so what this is basically saying is that consumers are confident. essentially rv sales, they kind of anticipate a recession, but they also can foreshadow a recovery. so these sales show that perhaps we're on the road to recovery. >> because when sales bottomed out, it was due to a number of factors. like gas prices -- >> yeah. they didn't just bottom out. they went over a cliff from 2006 to 2009 motor homes, rv sales, fell 60%. th
. the president's approval rating on the economy in this poll is 42 approve, 57 disapprove, and as you know a lot of young people are getting out of school and not being able to find a job, and a large number of kids who get out of college are moving back in with their families. i think this is more than just nsa, it may be the economy, it may be the overall perception of the president. the other interesting note in the poll was that for the first time he was viewed by the american people as not honest and trustworthy. 49% said that phrase applies to him. 50% says it does not a my to him. that could be another thing, because young people had such -- he was such an aspirational figure to younger voters and younger americans and if there is agreeing perception that he's not shooting straight with him, that he's not honest and trustworthy that could be very close not only among young people but among all voters. jon: isn't that perhaps the bigger problem i mean for him? because it's one thing to have your job approval rating kind of bounce up and down, but once you are perceived as not necessarily t
economy in which big -- i mean jonathan is promoting oh, you've got to get big. well, that's wrong. you've got small. you've got big government, big business and big labor, and they're all in cahoots. and listen, verizon didn't do this on their own. the government leases that line. they provided the financing to verizon. the government and verizon are hand and glove. the government and ge are hand and glove. it's going to control 60% of the banking. everybody is too big. and that's what's wrong. we have essentially a fascist economy. >> go ahead, jonathan. >> verizon's done nothing. you're all dumping on verizon. they've done absolutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan says verizon has done nothing. as far as i understand -- >> this blows my mind. this is so not jonathan. what did you have in your
in the eurozone and the economy. they'll discuss the trade negotiations associated with the potential transalantic trade investment partnership. they'll discuss the situation in afghanistan where germany remains a stalwart ally and continues to contribute to the mission there as well as, again, how nato can provide support beyond 2014. i don't anticipate they'll discuss syria, iran, and the middle east peace as issues we regularly consult closely with the german zone. following the bilateral meeting, a press conference. then a private lunch together at the chancellory. following that, the president will give remarks at the brandenburg gate. it comes on the 50th anniversary of president kennedy's speech at the height of the cold war when west berlin was under considerable siege. given the progress made in germany and the fall of the berlin wall, it's a true symbol of the partnership that we forged together. i expect the president would hit on broad themes in that speech associated with the shared history of the transalantic alliance, how far we've come together in germany and the other allies but t
the economy improved, we always saw those levels retreat and go back down. this time it is not happening. no entitlements. do you think there is a political motive here with the far left which now control the white house and most of congress that they are actively trying to lock people into this government dependency to lock in a permanent democratic majority? >> i think that conclusion can be easily reached. because for one thing, to your point about usually when we see an economy move beyond the recession, we see these programs recede with them. we've seen almost a million additional households on food stamps in the course of the past year. that is unheard of, unthinkable. in terms of a dependency motive for this administration for the left that is represented by the democratic party in washington, i think that's entirely possible. but as troubling is that the right, the republican party has not come up with intelligence sustainable, effective solutions in response to what they see as the motivation and the program of this president. >> that's a huge problem. this is going unabated. bo
? >> a resounding no. the economy is going to continue to lift off. i think by november of 2014 the democrats are going to to be in a very strong position. the only way we move social in this country is by taking principle stands and sometimes have you to take a short-term political hit to move the country forward. >> speaking of honesty and trustworthiness, we just got fox news polls in moments ago which we'll bring you shortly. wow. this is not good news for the white house. gentlemen, thank you both so much. >>> we recently brought you the powerful story of the phoenix police officers who went beyond the call of duty for a 5-year-old girl. look at this picture. who lost her police officer dad to a hit-and-run driver. up next, a new twist as we learn the illegal immigrant accused of killing her father could now get special protection. we'll tell you why that is. >>> wait until you see what happened with the teenage fisherman who came face to face with a rare breed of shark and decided to go for a joy ride. all that as we have a former vice president and a brand new poll i just mentioned fro
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